121 Park Avenue Cambridge, Ontario N1S 2S5
$1,350,000
Fully tenanted all brick 4-plex in desirable West Galt. All units feature 2 bedrooms, 1 bathroom & appr. 874 sq feet per unit + basement. Upgrades include new concrete front steps, new furnaces (Unit 121 & 123), new kitchen (unit 121), new windows in units 119, 125 (2017) & unit 121 (2020). All units have renovated bathrooms. Units 121, 123 & 125 have updated flooring. Unit 121 & 123 has been freshly painted in 2019 with new doors, fixtures, trim & baseboards. Unit 125 has new electrical & plumbing. Parking for 8 cars at rear of building. GROSS Rent = $65,747.88 & NOI = $52,247.49 (3.87% Cap rate)! Close to downtown core, parks, trails & public transit. (id:49454)
Property Details
| MLS® Number | 40451126 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Equipment Type | Water Heater |
| Features | Crushed Stone Driveway |
| Parking Space Total | 8 |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 8 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Fixture | Ceiling Fans |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3496 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| None |
Land
| Access Type | Highway Nearby |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 125 Ft |
| Size Frontage | 89 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rm4 |
https://www.realtor.ca/real-estate/25811343/121-park-avenue-cambridge
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September 16 2023 09:18:55
Kitchener-Waterloo Association of REALTORS®
Red And White Realty Inc.